Russell Investments Group Ltd. Raises Holdings in Linde PLC $LIN

Russell Investments Group Ltd. lifted its position in shares of Linde PLC (NASDAQ:LIN) by 11.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 786,430 shares of the basic materials company’s stock after acquiring an additional 78,469 shares during the quarter. Russell Investments Group Ltd.’s holdings in Linde were worth $335,379,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in Linde during the second quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde during the third quarter worth about $29,000. Saranac Partners Ltd purchased a new position in shares of Linde in the third quarter worth about $29,000. Triumph Capital Management increased its stake in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in shares of Linde in the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on LIN. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Citigroup lifted their price objective on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Finally, Royal Bank Of Canada raised their price target on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $541.91.

Linde Trading Down 0.6%

Shares of LIN opened at $518.17 on Wednesday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.87. The stock has a market cap of $239.57 billion, a PE ratio of 34.41, a P/E/G ratio of 3.27 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business’s 50-day moving average price is $505.55 and its 200-day moving average price is $473.53.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, equities analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Linde Company Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.